bok korea to see growing inflationary pressure
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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BOK: Korea to see growing inflationary pressure

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Arab Today, arab today BOK: Korea to see growing inflationary pressure

Seoul - Arab Today

South Korea's inflationary pressure is expected to mount as the local economy is on a recovery track and one-off price shocks such as farm product prices may ease, a central bank report said Friday. The report by the Bank of Korea (BOK) said that consumer prices are usually affected by common factors, including economic recovery, as well as sector-specific shocks such as weather conditions and free child welfare programs.

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